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Tickmill vs FXCM (UK and Australia)

In the table above we compare FX Broker Tickmill vs FX BrokerFXCM (UK and Australia) .This is a very important step before starting to trade on the currency markets as by choosing the wrong broker could get you stuck or even put of trading in the currency markets.
Five major things to look out for are:

1. Compare Regulations: Tickmill vs FXCM (UK and Australia)
Is Broker FXCM (UK and Australia) regulated or is Broker FXCM (UK and Australia) regulated?
Compare Tickmill vs FXCM (UK and Australia) and find out who is regulated and where.
In the event Tickmill or FXCM (UK and Australia) goes bankrupt, the different regulators can help you recover sums up to 100,000 USD. Obviously this depends on who regulates Tickmill, and who regulates FXCM (UK and Australia)

2. Compare Account types: Tickmill vs FXCM (UK and Australia)
Every body has different needs, who is looking for an ECN forex account and who is simply looking for a market maker. Compare Tickmill vs FXCM (UK and Australia) in the table above and find out what type of accounts do they offer (DMA-STP, ECN-STP, STP, Market maker), what leverage they offer(between 1:100 and 1:2000), do your forex strategies require a Metatrader 4(MT4), do you need a demo account, have you downloaded an EA and would like to test it on Tickmill’s demo account or FXCM (UK and Australia) ‘s demo account? Do you neem direct market access or need to access Tickmill’s API or FXCM (UK and Australia)’s API?
What initial deposit is Tickmill asking for and what initial deposit is FXCM (UK and Australia) asking for?

3. Currency Pairs Offered
Do you trade the usual currency pairs or do you need a greater number of exotic currencies, compare Tickmill vs FXCM (UK and Australia) and see who offer more or less currency pairs.

4. Customer Service
One of the most important aspects is Tickmill’s customer service vs FXCM (UK and Australia)’s customer service. As if you have an issue you would like to speak or chat to someone immediately.

5. Trading Platform
The trading platform is also extremely important as you will spend a lot of time on Tickmill’s FX trading platform or FXCM (UK and Australia)’s currency trading platform. try different platforms top see which one you like, the most popular on the forex market is MT4 or Metatrader 4, but there are many other platforms like Metatrader4 ECN, MT5 or Currenex. Compare Tickmill vs FXCM (UK and Australia) and see who offers 4 digits or 5 digits pricing, which of the two allows experts advisors on the MT4.
Not to forget to compare Tickmill’s fees vs FXCM (UK and Australia) ‘s fees.
For those that a different style of trading, compare Tickmill vs FXCM (UK and Australia) to see who offers, Mirror Trader, ZuluTrade, or Signal Trader

If you would like to trade with your IOs or windows mobile platform compare Tickmill vs FXCM (UK and Australia) and see who offers a platform for your apple, android or tablet and where to download the app to FX trade with either Tickmill or FXCM (UK and Australia)

For any further questions feel free to comment below. If you would like to leave a review of Tickmill or review FXCM (UK and Australia), feel free to do so too.

 

 

Product Name

Tickmill

FXCM (UK and Australia)

Product Image Tickmill FXCM (UK and Australia)
Price
Our Rating 5.0 5.0
Brand FX Brokers FX Brokers
Category Forex Broker Forex Broker

Broker

TickmillFXCM (UK and Australia)
Broker Type DMA/STP DMA/STP
Broker Country Seychelles United Kingdom, Australia
Regulation FSA Seychelles FCA UK, ASIC
Indipendant Broker Introducing broker for LMAX. Independent broker.
Year in Industry 2011 2000
International Offices Headquarters: United States France, United Kingdom, Australia, Japan, Italy, Greece, Germany, China, Hong Kong

Account

TickmillFXCM (UK and Australia)
Accept US Clients Yes Yes
Mini account deposit $150 $50
Standard account deposit $100 $2000
ECN account deposit $100
Trading account currency USD Account, EUR Account, GBP Account USD Account, EUR Account, GBP Account, CAD Account, AUD Account, JPY Account, NZD Account
Leverage Account 500 : 1 Standard Account 400 : 1 Mini account
Minimal size lot 0.01 lot 0.01 lot
Leverage Mini account Mini Account, Standard Account, ECN Account Mini Account, Standard Account

Payments

TickmillFXCM (UK and Australia)
Funding method Bank Wire, Credit Card, Debit Card, Skrill, WebMoney, Neteller, FasaPay, China UnionPay Bank Wire, Check, Credit Card, Debit Card
Withdrawal method Bank Wire, Credit Card, Debit Card, Skrill, WebMoney, Neteller, FasaPay, China UnionPay Bank Wire, Check, Credit Card, Debit Card

Costs

TickmillFXCM (UK and Australia)
Commissions yes & no yes
Costs & Spreads variable variable
Costs/Lowest spreads on EURUSD 1.6 pips Mini account 0.2 pips

Trading

TickmillFXCM (UK and Australia)
Premium trading NDD, personal coaching no
Scalping yes, scalpers welcome yes
Hedging
EAs allowed yes yes

Platform

TickmillFXCM (UK and Australia)
Trading platform type MT4 (ECN), MT4 Desktop/Mobile/iOS/Smartphone, Myfxbook MT4, Trading Station Desktop/Mobile/iOS/Android/Web/Mac, Mirror Trader, Ninja Trader, ZuluTrade
Platform time zone GMT+2 EST (GMT-5)
Decimal pricing 5 digits 5 digits
Trailing stops Trailing Stoploss Trailing Stoploss
OCO orders No OCO orders OCO orders
One click One click trading One click trading
Mobile trading
Webtrading
API Solutions

Products

TickmillFXCM (UK and Australia)
Currency pairs 62 fx pairs (+exotic) 39 fx pairs
Exotic Pairs Exotic Forex Pairs
Gold Silver Gold, Silver Gold, Silver
CFD Trading CFD trading CFD trading
Other instruments Commodities Indices, Energies, Spread Betting

Other

TickmillFXCM (UK and Australia)
MAM PAMM LAMM MAM PAMM
Managed Accounts Yes No
Swap free accounts No No
Segregated client accounts

Promotions and Offers

TickmillFXCM (UK and Australia)
Bonuses (T&Cs apply) Yes Yes
Contests Yes Yes